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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › inventory control
Hello John, can you explain why it is 98.5% when calculating the 2% diiscounts instead of 98% pls?
It isn’t!
It is 98.5% if there is a 1.5% discount.
(You do not say which question you are asking about. If it is example 3 in our Lecture Notes then you will see that the question says 1.5% discount – there is no mention of 2% in either the printed question or the printed answer.
If it is from some other book, then maybe there is a misprint.)
Ohh ok, I guess I didn’t hear the question very well. Thanks for the quick reply.
You are welcome 🙂